Do you remember back when the Kindle Fire was just a rumor? All signs were pointing to a tablet from Amazon, and soon it was one of the most anticipated electronic devices of 2011. Some, however, were a little surprised when the Fire arrived and how it bore more of a resemblance to the Nook Color than to the iPad.

Prior to the Fire’s launch, BGR had published a leak that detailed not one, but two tablets from Amazon. One, dubbed “Coyote,” was an entry-level tablet with a dual-core processor. Obviously that’s the one that released in 2011. But the other tablet, codenamed “Hollywood,” largely went forgotten. It was supposed to be the real star, and would feature a quad-core Nvidia Tegra 3.

One analyst has thrown in his two cents on Amazon’s tablet plans — and he believes that Hollywood is still on its way. Pacific Crest analyst Chad Bartley was forthcoming in his expectations for Amazon’s 2012 — he raised his 2012 sales forecasts based on “the new 7-inch and 9-inch models,” which he expects to launch by mid-year.

If the larger “Hollywood” tablet is on its way, it would make sense. The 7-inch Kindle Fire launched as a cheap — but generally well-made — dual-core tablet during the holiday season. That’s a recipe for success, and the results proved it. But now that millions of customers equate the Kindle brand with a popular tablet, it’s less risky to launch a larger tablet that competes directly with the iPad.

Taking a sizable share of the tablet market from the low-end is one thing; butting heads with the iPad 3 will be another thing altogether. Amazon will probably manage to undercut the iPad’s starting $500 price, but many speculate that Apple will keep the iPad 2 around at a lower price ($400?) in 2012. This strategy of selling previous years’ devices at lower prices has worked well for the iPhone, and it would be a formidable foe (to say the least) for any Amazon tablets released this year.